IBRN vs. MNA ETF Comparison

Comparison of iShares Neuroscience and Healthcare ETF (IBRN) to IQ Merger Arbitrage ETF (MNA)
IBRN

iShares Neuroscience and Healthcare ETF

IBRN Description

iShares Neuroscience and Healthcare ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of global region. It invests in stocks of companies operating across neurology biopharmaceuticals or neurological devices sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the NYSE FactSet Global Neuro Biopharma and MedTech Index, by using representative sampling technique. iShares Neuroscience and Healthcare ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$24.29

Average Daily Volume

549

Number of Holdings *

47

* may have additional holdings in another (foreign) market
MNA

IQ Merger Arbitrage ETF

MNA Description The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Merger Arbitrage Index. The fund employs a "passive management" to track the performance of the underlying index, which was developed by Financial Development Holdco LLC ("IndexIQ"). The underlying index seeks to employ a systematic investment process designed to identify opportunities in companies whose equity securities trade in developed markets, including the U.S., and which are involved in announced mergers, acquisitions and other buyout-related transactions. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.07

Average Daily Volume

56,343

Number of Holdings *

29

* may have additional holdings in another (foreign) market
Performance
Period IBRN MNA
30 Days -3.36% -1.37%
60 Days -8.95% -1.24%
90 Days -5.27% 0.00%
12 Months -5.20% -0.72%
2 Overlapping Holdings
Symbol Grade Weight in IBRN Weight in MNA Overlap
AXNX C 4.67% 2.37% 2.37%
CERE A 4.87% 2.81% 2.81%
IBRN Overweight 45 Positions Relative to MNA
Symbol Grade Weight
NBIX A 5.08%
ITCI B 4.93%
ARGX C 4.54%
SRPT B 4.33%
XENE C 4.18%
BIIB D 4.16%
IART F 3.89%
ALKS F 3.82%
BHVN D 3.81%
PTCT B 3.79%
ACAD F 3.32%
SUPN C 3.27%
AVDL A 3.18%
CPRX C 3.07%
DYN C 2.11%
PRTA F 1.99%
EWTX B 1.96%
SAVA B 1.68%
SRRK C 1.67%
LBPH B 1.37%
NMRA F 1.01%
NVRO F 0.94%
WVE B 0.91%
ALEC D 0.78%
DNTH C 0.68%
VYGR D 0.68%
KYTX F 0.66%
AVXL F 0.61%
PEPG B 0.6%
AXGN F 0.59%
SLDB D 0.57%
ANNX D 0.57%
VNDA B 0.53%
ANRO F 0.52%
TRDA C 0.49%
LRMR D 0.35%
NPCE C 0.32%
CVRX F 0.3%
CAPR D 0.28%
ABOS F 0.27%
VTGN F 0.24%
AMLX F 0.21%
ABEO F 0.17%
BWAY B 0.17%
ATHA F 0.15%
IBRN Underweight 27 Positions Relative to MNA
Symbol Grade Weight
PXD B -7.57%
HES B -7.48%
DFS B -6.7%
ANSS F -6.47%
ETRN A -6.26%
X F -6.13%
CTLT C -5.59%
JNPR D -4.87%
CPRI F -3.83%
AMED D -2.66%
SIX C -2.51%
FUSN A -2.5%
DOOR A -2.15%
OLK C -1.81%
VZIO D -1.12%
MGRC D -1.07%
SRCL F -0.87%
HAYN B -0.8%
SP C -0.76%
EVBG B -0.75%
NS D -0.65%
INBX D -0.61%
HA D -0.59%
NWLI A -0.53%
TAST A -0.37%
XT C --0.24%
XOP B --6.52%
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